There will be the US CPI data release at 20:30 tonight. CPI is the US Consumer Price Index, closely related to inflation, which in turn is related to interest rate cuts.



Higher-than-expected inflation, BTC tends to decline
Lower-than-expected inflation, BTC tends to rise
In line with expectations, BTC mostly consolidates first

Both the previous and forecast values are 2.4% today
Greater than 2.4% is bearish for Bitcoin
Equal to 2.4% is neutral, leaning towards consolidation
Less than 2.4% is bullish for Bitcoin
BTC0,01%
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